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Net subscriber base of over 749,000 subscribers
Net income of $5.9 million
Adjusted EBITDA of $9.5 million, at a 28.0% margin
Net cash provided by operating activities of $10.2 million leading to positive free cash flow of $8.7 million
Cash and cash equivalents of $44.0 million at quarter end
MIDRAND, South Africa & BOCA RATON, Fla.–(BUSINESS WIRE)–MiX Telematics Limited (“MiX Telematics”) (NYSE: MIXT, JSE: MIX), a leading global provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (“SaaS”), today announced financial results, in accordance with accounting principles generally accepted in the United States (“GAAP”), for the third quarter, which ended December 31, 2020.
“MiX Telematics reported third quarter results highlighted by sequential growth in subscription revenue and very strong profitability and free cash flow. We saw modestly improved performance in our premium and light fleet segments for the second straight qua
Provided by Business Wire
Jan 29, 2021 1:30 PM UTC
Pentwater Urges a Halt to Rio Tintoâs Attempt to Obstruct Turquoise Hillâs Financing and Governmental Discussions
Pentwater Capital Management LP ( Pentwater ), the largest minority shareholder of Turquoise Hill Resources Ltd. ( Turquoise Hill or the Company ) (TSX:TRQ) (NYSE:TRQ), urges regulators, including the U.S. Securities Exchange Commission (âSECâ), to carefully consider Rio Tintoâs alleged breach of securities laws and continued improper actions involving Turquoise Hill.
Just over a week ago, a Federal District Court in the Southern District of New York appointed Pentwater as lead Plaintiff in a class action lawsuit against Rio Tinto. That lawsuit outlines how Rio Tinto violated federal securities laws by failing to timely disclose its knowledge of the massive cost overrun and schedule delay at the Oyu Tolgoi mine which is 66% owned by Turquoise Hill.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
SolarWindow Director John Rhee to Deliver Keynote Address at Dartmouth College Tuck School of .
SolarWindow Technologies, Inc.January 29, 2021 GMT
Mr. John Rhee, Director, SolarWindow Technologies, Inc.
Mr. John Rhee, Director, SolarWindow Technologies, Inc.
NEW YORK and SEOUL, South Korea, Jan. 29, 2021 (GLOBE NEWSWIRE) SolarWindow Technologies, Inc. (Symbol: WNDW), developer of transparent electricity-generating coatings for glass and plastics, is pleased to announce that SolarWindow Director Mr. John Rhee is presenting a keynote address on innovation, renewable energy, and the role SolarWindow can play in climate tech and sustainability in the capital markets.